bid rounds

  • Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

    Egypt Targets Mining Exports Worth $10 B by 2040: El Molla

    Sunday, 14th March 2021

    Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimated currently with $1.6 billion

  • MoP, Schlumberger Announce Launch of Egypt Upstream Gateway

    MoP, Schlumberger Announce Launch of Egypt Upstream Gateway

    Thursday, 18th February 2021

    The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), the first exploration and production (E&P) digital data center.

  • Egypt Signs 10 New Contracts for Gold Exploration with $11 MM

    Egypt Signs 10 New Contracts for Gold Exploration with $11 MM

    Wednesday, 17th February 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of 10 new contracts for gold exploration with investments more than $11 million.

  • IOCs Highlight Egypt’s Investment Potentials During AEC

    IOCs Highlight Egypt’s Investment Potentials During AEC

    Tuesday, 15th December 2020

    Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.

  • El Molla: New Mediterranean Sea Bid Round on the Horizon

    El Molla: New Mediterranean Sea Bid Round on the Horizon

    Thursday, 13th August 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla commented on the Egypt-Greece maritime demarcation agreement saying that it could lead to more opportunities for exploration and production (E&P) bid rounds in the Mediterranean.

  • Ganope to Utilize eFTG Survey on Upper Egypt Assets

    Ganope to Utilize eFTG Survey on Upper Egypt Assets

    Wednesday, 12th August 2020

    TGS, a leading provider of multi-client geoscience data for exploration and production (E&P) companies, will implement Enhanced Full Tensor Gravity Gradiometry (eFTG) survey on Ganoub El Wadi Petroleum Holding Company’s (Ganope) assets in Upper Egypt.

  • Egypt-Greece Agreement Could Create E&P Bid Round Opportunities

    Egypt-Greece Agreement Could Create E&P Bid Round Opportunities

    Sunday, 9th August 2020

    Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the new Egypt-Greece maritime demarcation agreement will create exploration and production (E&P) bid round opportunities in the Mediterranean.

  • Norway to Offer 125 New Arctic Exploration Permits 

    Norway to Offer 125 New Arctic Exploration Permits 

    Thursday, 25th June 2020

    Norway, Europe’s largest oil-producing nation, intends to profoundly increase Arctic oil exploration by offering up 125 new oil exploration permits in the Arctic Barents Sea.

  • Sawiris Negotiates to Gain 51% of Shalateen Mining Company

    Sawiris Negotiates to Gain 51% of Shalateen Mining Company

    Monday, 24th February 2020

    Nagiub Sawiris, the Billionaire businessman, said that he negotiates with the government to acquire 51% stake in the state-owned Shalateen Mining company which came in parallel with his intent to start his activity in the mining industry.

  • Shell Wins Two Concessions in Red Sea Licensing Round

    Shell Wins Two Concessions in Red Sea Licensing Round

    Sunday, 29th December 2019

    The first concession is located in Block 4 which was awarded to Shell in partnership with Mubadala Petroleum (30%), while the second concession is located in Block 3 with Shell being the sole license holder.